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Quah Su Ling
2013 Penny Stock Crash
Prosecutors ask court to bar potential defence witnesses from penny stock crash trial
SINGAPORE (Mar 27): Prosecutors at the penny stock saga trial of John Soh Chee Wen and Quah Su-Ling have asked the court to bar two individuals closely-linked to the defendants from attending the court proceedings -- if they are to be called as defence wi
March 27, 2019
2013 Penny Stock Crash
The charismatic bankrupt who allegedly pulled the strings behind Singapore's largest stock manipulation scandal
SINGAPORE (Mar 26): Garbed in purple overalls, John Soh Chee Wen cuts a relaxed figure as he takes his seat. The garment falls fittingly on his athletic frame, not unlike a designer suit. It could well have made a fashion statement, save for the word "
March 26, 2019
2013 Penny Stock Crash
Goh Hin Calm confirmed as prosecution witness as penny stock crash trial kicks off
SINGAPORE (Mar 25): Day One of the trial of the 2013 penny stock-rigging case saw Goh Hin Calm named as a prosecution witness.
March 25, 2019
2013 Penny Stock Crash
Penny stock crash scandal's 'treasurer' sentenced to three years' jail
SINGAPORE (Mar 20): Goh Hin Calm, the “treasurer” for 2013 penny stock crash masterminds John Soh Chee Wen and Quah Su Ling, has been sentenced to serve three years in prison for aiding and abetting the duo in what is the largest-ever market manipulat
March 20, 2019
2013 Penny Stock Crash
Banks, brokerages incurred over $350 million in losses from penny stock crash
SINGAPORE (Mar 20): Banks, brokerages and other financial institutions suffered a total of more than $350 million in unpaid losses in the wake of the October 2013 crash of Blumont Group, LionGold Corp and Asiasons Capital (now known as Attilan Group), acc
March 20, 2019
2013 Penny Stock Crash
Two stock market manipulation precedents invoked as prosecutors call for 3-year sentence for Goh Hin Calm
SINGAPORE (Mar 20): State prosecutors have called for Goh Hin Calm to be jailed a total of three years, after taking into account two sentencing precedents involving stock market manipulation.
March 20, 2019
2013 Penny Stock Crash
Penny stock saga-linked IPCO International renames as Renaissance United
SINGAPORE (Oct 30): Shareholders of IPCO International, one of the nearly dozen companies linked to penny stock saga of 2013, has approved the change of name to Renaissance United.
October 30, 2018
2013 Penny Stock Crash
Pre-trial conference for penny stock crash saga set for June 29; trial date to follow
SINGAPORE (June 13): The defence counsels for John Soh Chee Wen, Quah Su Ling, and Goh Hin Calm – the alleged masterminds behind the penny stock crash of 2013 – will be meeting the prosecution in a pre-trial conference on June 29.
June 13, 2018
Management & Corporate Governance
IPCO accuses former management for not using placement proceeds as approved
SINGAPORE (Apr 11): IPCO International’s new board and management is accusing their predecessors for not using proceeds from an earlier placement in accordance to what has been approved by SGX.
April 11, 2018
2013 Penny Stock Crash
IPCO to delay 3Q earnings reporting on doubts over 'certain transactions'
SINGAPORE (Mar 18): IPCO International is asking the Singapore Exchange for an extension to report its financial results for the 3Q ended Jan after its newly-appointed directors cast doubts over the validity of certain transactions.
March 18, 2018